FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys say
Synopsis by Die Presse Nov 23 22
"We have no plans to file for bankruptcy in the near future. Our goal is to resolve the current situation amicably," the broker saidRead full article 
Reuters: FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys say
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| Last Updated | Nov 23 22 |
| Total Articles | 7 |
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American cryptocurrency entrepreneur convicted of fraud (born 1992)
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Crypto Firm Genesis Denies Bankruptcy Rumors: "We have no plans to file for bankruptcy in the near future. Our goal is to resolve the current situation amicably ...
diepresse.com/6218445/krypto-firma-genesis-bestreitet-konkursgeruechte
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Crypto Firm Genesis Denies Bankruptcy Rumors: "We have no plans to file for bankruptcy in the near future. Our goal is to resolve the current situation amicably ...
diepresse.com/6218445/krypto-firma-genesis-bestreitet-konkursgeruechte
FTX Investors Settle With SBF to Pursue Promoters in Crypto Lawsuits: A group of FTX investors and customers has agreed to drop their claims against co-founder ...
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Philippines orders removal of Binance from Google and Apple app stores: The Philippines' Securities and Exchange Commission sent letters to Google and Apple ...
cnbc.com/2024/04/23/philippines-orders-google-apple-to-remove-binance-from-app-stores.html
Bankman-Fried to Appeal 25-Year Sentence, Conviction for Fraud: FTX co-founder Sam Bankman-Fried will appeal his conviction and 25-year prison sentence for ...
bloomberg.com/news/articles/2024-04-11/bankman-fried-to-appeal-25-year-sentence-conviction-for-fraud
Binance Converts Billion-Dollar SAFU Emergency Fund into USDC: The world’s largest crypto exchange Binance has converted the entire pool of assets held in an ...
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Binance Gets Dubai VASP License After CZ Deal (BNB): Binance Holdings Ltd. received its long-sought full crypto license in Dubai after co-founder Changpeng “CZ” ...
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Binance working closely with Nigeria authorities to resolve exec's detention, CEO says
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Binance’s Rivals Muscle In on Bitcoin (BTC) Trading Around the World: Crypto exchanges are eating into Binance’s share of Bitcoin trading outside the US as ...
bloomberg.com/news/articles/2024-04-23/binance-s-rivals-muscle-in-on-bitcoin-btc-trading-around-the-world
Paid articlePaid Nigerian court adjourns Binance and executives' tax evasion trial to May 17: A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency ...
reuters.com/business/finance/nigerian-court-adjourns-binance-executives-tax-evasion-trial-may-17-2024-04-19/
Binance obtains Dubai licence to target retail clients: Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA ...
reuters.com/business/finance/binance-obtains-dubai-licence-target-retail-clients-2024-04-18/
The SEC is targeting yet another crypto platform: DeFi platform Uniswap is the latest to get a legal notice from the regulator
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Freak Storm in Dubai Rains on Binance’s Parade - Bloomberg: In this edition of the Bloomberg Crypto newsletter, Suvashree Ghosh and Hannah Miller report on how ...
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Crypto trading concentration a 'considerable concern', EU watchdog says: The high concentration in crypto trading on a handful of exchanges, with Binance alone ...
reuters.com/markets/currencies/crypto-trading-concentration-considerable-concern-says-eu-watchdog-2024-04-10/
Nigeria Binance dispute: Cryptocurrency official denies money laundering: Tigran Gambaryan's wife says she is "beyond heartbroken" at his transfer to a prison in ...
bbc.com/news/world-africa-68762553
Largest crane on east coast removes massive chunks of fallen Baltimore bridge: Nearly three weeks since Baltimore’s Francis Scott Key Bridge collapsed under the ...
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Crypto exchange Binance is looking for a home because it has reached 'regulatory maturity'
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Charity Boosted by Sam Bankman-Fried Puts $20M Wytham Abbey Up for Sale: Effective altruism has fallen on hard times.
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The Effective Altruists’ Castle Is a $20 Million Meme: Sam Bankman-Fried funded the effective-altruist movement. Ever since the collapse of FTX and Alameda ...
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Sam Bankman-Fried agrees to help FTX investors in lawsuits against Tom Brady, Larry David
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Binance Executive’s Nigeria Case Is Adjourned Until April 19: A Binance Holdings Ltd. executive detained for more than a month in Nigeria on tax evasion charges ...
bloomberg.com/news/articles/2024-04-04/binance-executive-s-nigerian-court-case-adjourned-until-april-19
Paid articlePaid Google sued scammers who put a bunch of fake investing apps on Google Play: Shady crypto schemes have been on the rise since the pandemic
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SBF Is Going to Prison, but the Fight Over Money at FTX Drags On: Crypto exchange’s collapse is still a source of anger and frustration for many onetime ...
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Will FTX’s customers be repaid?: As Sam Bankman-Fried is locked up, his erstwhile depositors await their fate
economist.com/finance-and-economics/2024/04/04/will-ftxs-customers-be-repaid
Sam Bankman-Fried’s mom tried to explain her son to the judge: ‘He has never felt happiness or pleasure in his life and does not think he is capable of feeling ...
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Bitcoin halving puts focus on crypto education initiatives: There have never been more resources for crypto enthusiasts, traders or even the crypto-curious to ...
cointelegraph.com/news/bitcoin-halving-crypto-education-initiatives
Quick Glance: Bitcoin users spend record $2.4M on halving block
- Bitcoin users have spent a staggering 37.7 Bitcoin BTC worth $64,964 in fees to secure limited space on the fourth Bitcoin halving block.
- Users paid a total of 40.7 BTC, valued at $2.6 million, to Bitcoin miner ViaBTC for producing the halving block.
- The record-breaking fees were a result of degens racing to inscribe rare satoshis on the halving block.
Kenyan Police to Extradite Fleeing Binance Executive to Nigeria ‘This Week’: “As we had said before that Anjarwalla would be extradited, he has been arrested in ...
fij.ng/article/kenyan-police-to-extradite-fleeing-binance-executive-to-nigeria-this-week/
Court to hear Binance executive’s bail application Tuesday: Justice Emeka Nwite of the Federal High Court, Abuja, has adjourned till Tuesday to hear the bail ...
punchng.com/court-to-hear-binance-executives-bail-application-tuesday/
SEC eyes removal of Binance from Google, Apple app marketplaces in PH: The Securities and Exchange Commission (SEC) has asked Google and Apple to remove the ...
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Binance co-founder He Yi says CZ received ‘most optimal outcome’: Co-founder of cryptocurrency exchange Binance He Yi told an audience in Dubai that disgraced ...
cointelegraph.com/news/binance-co-founder-he-yi-changpeng-cz-zhao-received-most-optimal-outcome
Dollar rise: EFCC continues crackdown on cryptocurrency platforms, others: The EFCC has instituted a further crackdown on currency speculators and cryptocurrency ...
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🗞️ Binance executive's wife denies an extradition report
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Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
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Looking at Sam Bankman-Fried's Appeals Process: Bankman-Fried has 91 days to file a brief
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Binance launches ‘Megadrop’ early access program for Web3 rewards: Binance has launched a new incentive, staking, and rewards platform called "Megadrop."
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Halving completed, bitcoin creation slows down: “Assuming the demand stays constant or increases, halving potentially boosts the value.”
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Binance FZE receives VASP Licence from Dubai’s Virtual Assets Regulatory Authority
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OKX, Binance and Bybit monthly volumes tripled since late 2023: OKX was the fastest-growing crypto exchange in terms of monthly trading volumes over the past few ...
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The Richest Crypto And Bitcoin Billionaires In The World 2024: Meet the 17 investors and entrepreneurs who made ten-digit fortunes on the blockchain.
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Quick Glance: Billionaires Profiting from AI 2024
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- Over the past year, tech companies, both new and old, have seen massive share price increases, making the world's tech tycoons even richer and introducing over a dozen new AI billionaires into the Forbes World's Billionaires list.
- Nvidia cofounder and CEO Jensen Huang serves as the poster child for this boom. However, other companies like Super Micro Computer, Advanced Micro Devices, and Cloudflare also benefited from the trend. Privately owned AI companies have also gained momentum, with AI-centric startups alone raising nearly $50 billion in funding last year.
- Major tech giants like Microsoft, Amazon, and Alphabet have significantly contributed to financing private AI companies to compete in the AI race. However, it remains to be seen if and when the AI bubble will burst and funding could dry up.
No more Bitcoin Ordinals: Crypto exchange Binance stops trading in Bitcoin NFTs: Since April 18th, no further trading or purchasing of Bitcoin NFTs has been ...
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First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India: The latest price moves in crypto markets in context for April 18, 2024.
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Binance receives full operational licence in Dubai as it eyes 200m global users: Crypto adoption is expected to be much faster in the next five years compared to ...
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FTX Controversy Derails Top Law Firm’s Bid for Binance Role: The Department of Justice is retreating from picking an elite New York law firm for a key assignment ...
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Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF: CFTC chief Rostin Behnam previously disclosed there were meetings and messages with ...
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“Kimchi Premium”: A harbinger of the next Bitcoin rally?: Bitcoin is experiencing a significant price recovery. This resurgence is accompanied by an impressive ...
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CryptoWatch: Ripple Believes in Crypto Growth 2025, SBF's Appeal, $12M Crypto Heist
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FG Finds Fleeing Binance Executive in Kenya: “While Gambaryan is currently in the commission’s net, the process of extraditing the fleeing Anjarwalla is revving ...
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The Richest Crypto And Bitcoin Billionaires In The World 2024: Meet the 17 investors and entrepreneurs who made ten-digit fortunes on the blockchain.
forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/
DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With Mastercard and Baanx
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Paris Blockchain Week recap: Optimism abounded as the Bitcoin halving approaches: Paris Blockchain Week 2024 included notable statements from Tim Draper ...
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Binance drops Bitcoin Ordinals, medical tourism in the metaverse: Nifty Newsletter
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Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence
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Tough fight on Thailand's crypto market: Binance and Co. threaten crypto exchange Bitkub - IPO should secure a lead
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Binance executive arraigned, remanded in Kuje prison: The Federal High Court in Abuja, on Monday, remanded an executive of Binance Holdings Limited ...
punchng.com/binance-executive-arraigned-remanded-in-kuje-prison/
EU watchdog warns handful of exchanges may dominate crypto market: The European Securities and Markets Authority (ESMA) warns of the risks posed by the dominance ...
cointelegraph.com/news/eu-watchdog-small-number-exchanges-dominating-crypto
Binance ends support for Bitcoin Ordinals : Binance is ending support for Bitcoin nonfungible tokens just a few months after introducing it to its marketplace.
cointelegraph.com/news/binance-ends-support-bitcoin-ordinals
Quick Glance: Crypto-Critic Warns of Impending Bitcoin Crash
- Peter Schiff predicts massive crash in Bitcoin price
- Schiff regrets not investing in Bitcoin
- Warning issued to Bitcoin hodlers about further decline
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Nigeria Sends Binance Executive Tigran Gambaryan to Prison on Fraud Charges: A Binance Holdings Ltd. executive detained for more than 40 days in Nigeria after ...
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Paid articlePaid The most notorious convicted tech leaders: Not only does Silicon Valley produce a lot of software products, but it also produces a whole lot of criminals
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Paid articlePaid EFCC stopped service of charges on Binance chief , FIRS alleges: The scheduled arraignment of Binance Holdings Limited and two of its executives for alleged tax ...
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Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
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Binance executive pleads not guilty to money laundering charges: An Executive of Binance Holdings Limited, Tigran Gambaryan, has pleaded not guilty to the money ...
punchng.com/binance-executive-pleads-not-guilty-to-money-laundering-charges/
Sam Bankman-Fried’s FTX buddies and what happens to them next: Caroline Ellison, Gary Wang, and Nishad Singh became cooperating witnesses against SBF and will be ...
qz.com/sam-bankman-fried-ftx-caroline-ellison-gary-wang-singh-1851381851
FTX founder Bankman-Fried: found guilty: One and a half years after the bankruptcy of the crypto exchange FTX, the first verdict has now been pronounced against ...
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EFCC denies blocking bailiffs from serving Binance executive charges: The Economic and Financial Crimes Commission has denied stopping service charges on a ...
punchng.com/efcc-denies-blocking-bailiffs-from-serving-binance-executive-charges/
Nigerian authorities pursue legal action against Binance and executives | Africanews
africanews.com/2024/04/05/nigerian-authorities-pursue-legal-action-against-binance-and-executives/
Crypto bull run ignites surge in job listings, salary increases: Another boon of the bull market, at least for candidates, is that average salaries increase.
cointelegraph.com/news/crypto-bull-run-job-listings-salary-careers
Why Thames Water is the pariah of post-privatisation capitalism: ‘It would have been ideal not to have so much poo in the water,’ said Oxford captain Leonard ...
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Lido’s Ethereum staking market share dips below 30% : Increasing competition among ETH staking service providers will play a major role in further decentralizing ...
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Wormhole, Ethena and Waves are top 3 ‘trending’ tokens right now: Santiment: The top three trending coins right now are Wormhole’s W, Athena Labs’ ENA and Waves ...
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Binance CEO tops 2024 crypto billionaires list: Similarly, Coinbase CEO's net worth hit an estimated $11.2bn, up from $2.2 billion ...
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Sam Bankman-Fried: Disgraced 'crypto king' says he's 'haunted every day' in first interview since being jailed
news.sky.com/story/sam-bankman-fried-disgraced-crypto-king-says-hes-haunted-every-day-in-first-interview-since-being-jailed-13106010
Sam Bankman-Fried, founder of the crypto exchange FTX, has to spend 25 years in prison
diepresse.com/18319322/sam-bankman-fried-gruender-der-krypto-boerse-ftx-muss-25-jahre-in-haft
Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
Why is Sam Bankman-Fried treated more leniently than someone facing illegal immigration charges?
thehill.com/opinion/judiciary/4566904-why-is-sam-bankman-fried-treated-more-leniently-than-an-illegal-immigrant/
Sam Bankman-Fried prosecutor says coder's cooperation sped up case: U.S. prosecutors were able to charge FTX founder Sam Bankman-Fried shortly after the ...
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Bitcoin is bleeding. Why it's dropped below $65,000: The global crypto market cap fell by 6.88% to $2.46 trillion
qz.com/bitcoin-crypto-falling-price-below-65000-1851381114
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